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Forum => Kenya Discussion => Topic started by: Georgesoros on August 09, 2023, 03:29:38 PM

Title: Any signs of Deflation where you are??
Post by: Georgesoros on August 09, 2023, 03:29:38 PM

Economists are  predicting a worldwide deflation on the way.

Title: Re: Any signs of Deflation where you are??
Post by: Kadudu on August 09, 2023, 04:21:27 PM

It is already in China. Those are bad signs. China has pushed the world economy to new heights and now it seems to be going south.

Title: Re: Any signs of Deflation where you are??
Post by: Georgesoros on August 09, 2023, 09:04:17 PM

Quote from: Kadudu on August 09, 2023, 04:21:27 PM

It is already in China. Those are bad signs. China has pushed the world economy to new heights and now it seems to be going south.

My opine is China will go the Japan way. Japan was in a Long deflation and stagnation for over 15yrs. Too dependent on exports. USA was in the same situation during Bush1. We might again. Companies increased prices too fast, now they have to adjust to reality as soon as job losses hit. Sugar price doubled!!!